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Cardano's Node 11.2 upgrade live; 57% of ADA staked, but holders face losses amid steady price decline.

Protocol Fundamentals
10 Nov 2026, 19:00 WIB
AMBCrypto
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Neutral
Cardano's Node 11.2 upgrade live; 57% of ADA staked, but holders face losses amid steady price decline.

Cardano's Node 11.2 upgrade has launched on the mainnet, introducing core features requiring operators to upgrade. Coinbase data shows 57% of ADA supply is staked, indicating strong holder conviction and network resilience. Despite this, both short- and long-term holders face average losses, with MVRV ratios below zero, reflecting ongoing price declines below $0.20 amid broader crypto market fears. However, metrics suggest accumulation rather than panic selling, as dormant circulation remains low compared to past crashes.

As of Nov 11, 2026 00:22 WIB, Cardano's ADA trades at Rp3.119 on Pluang, down 3.82% in the last day. The market cap stands at Rp114,99 trillion with a 24-hour trading volume of Rp3,67 trillion. Despite the price dip noted in the article, Pluang data shows a balanced order activity of 50% sell and 50% buy, reflecting steady engagement among traders.

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